NOT LISTED FOR SALE

62 E Main St Mount Joy, PA 17552

Estimated Value: $559,000

Studio
-- Bath
2,530 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $295,000 $117 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,567/month

71 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Outdoor Storage
  • Detached Garage
  • Parking Storage or Cabinetry
  • 3-minute walk to R & J Memorial Park

About This Home

As of August 2017

Live in one and rent the others! This Unique property offers many possibilities. Always wanted your own in home business? Then this the home for you. Approx. 1275 front of building retail space in the Central Business district of Mount Joy, Additional front office space currently rented, 2nd floor 1 bedroom apartment with separate entrance also currently rented. Master suite boast huge master bedroom with 3 sided fireplace, 2 walk-in closets, 2nd bedroom, living rm, spacious kitchen, first floor laundry. The existing businesses are not for sale, Real Estate only is for sale! See also mls#264105 & 264106

Last Agent to Sell the Property

Karen Shank-Kain

(717) 653-2646 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 04/26/2017

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Hope Klein

(717) 208-4444 remax@smarthubrealty.com RE/MAX SmartHub Realty

RE/MAX SmartHub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1856

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 172x53

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Slate Roof
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • Aluminum Siding
  • Stucco

Attic

  • Storage In Attic

Finished Basement

  • Exterior Basement Entry
  • Drainage System

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Schools

  • Donegal Elementary And Middle School
  • Donegal High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 4501082000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Downtown Mount Joy Subdivision

Building Details

  • Income includes apartment rentals, professional offices, parking
  • Electric Expense $1,392
  • Insurance Expense $3,967
  • Trash Expense $853
  • Operating Expense $10,392
  • Net Operating Income $2,266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,122

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Storage: Attic, Basement, Garage
  • Year Built: 1856
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Drainage System, Fully Finished, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Stucco
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle, Metal, Rubber, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Annual Heating Expense: 2729.80
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 1391.87
  • Electric Service: 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Type: Baseboard, Hot Water, Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1450.18
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: DONEGAL
  • High School: DONEGAL
  • Middle Or Junior School: DONEGAL

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 172x53
  • Zoning Description: Central Business Dst,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 4420.92
  • Tax Annual Amount: 6122.26
  • Assessor Parcel Number: 4501082000000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 18780.00
  • Income Includes: Apartment Rentals, Professional Offices, Parking
  • Metering: Fully Separate
  • Operating Expense: 10391.85
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: DONEGAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Aug 18, 2017
Sold by
Myers Sharon L
Bought by
Kerner Christopher J and Kerner Kelly L
Seller's Agent
Karen Shank-Kain
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Hope Klein
RE/MAX SmartHub Realty
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%
Current Estimated Value
$559,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,000
Avg. Annual Appreciation
7.87%
Original Mortgage
$236,000
Outstanding Balance
$196,924
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$362,076

Purchase Details

Closed on
Sep 8, 2006
Sold by
Kendig Nancy G and Miller Gail
Bought by
Myers Robert F and Myers Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.59%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kerner Christopher J $295,000 None Available
Myers Robert F $199,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerner Christopher J $236,000
Previous Owner Myers Robert F $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $295,000 -7.5% $117 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $319,000 -- $126 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,893 $295,000 $32,800 $262,200
2024 $7,893 $295,000 $32,800 $262,200
2023 $7,785 $295,000 $32,800 $262,200
2022 $7,663 $295,000 $32,800 $262,200
2021 $7,459 $295,000 $32,800 $262,200
2020 $7,459 $295,000 $32,800 $262,200
2019 $7,325 $295,000 $32,800 $262,200
2018 $9,750 $330,000 $32,800 $297,200
2017 $6,122 $196,800 $32,800 $164,000
2016 $6,122 $196,800 $32,800 $164,000
2015 $1,701 $196,800 $32,800 $164,000
2014 $4,205 $196,800 $32,800 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002740937

Bright MLS

APN: 450-10820-0-0000